Burlington Stores Leased New Brooklyn Retail Space
The retailer has signed a 10-year agreement to occupy over 31,000 square feet at the Admiral’s Row campus.
Updated on Sept. 30, 2026 in Commercial
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Burlington Stores has secured a 31,717-square-foot retail lease at 25 Navy Street in the Brooklyn Navy Yard. The new location, which includes ground and second-floor space, is expected to open for shoppers in fall 2027.
Why it matters
This lease expands the presence of the national discount retailer in the Brooklyn area following previous local expansions. The project is part of the broader 8-acre Admiral’s Row development led by Steiner NYC.
Burlington committed to 31,717 square feet across two levels for a 10-year term. For perspective, average retail rents in nearby Downtown Brooklyn were $190 per square foot during the first half of 2025.
The players
Burlington Stores
A national discount retailer that offers apparel and home goods at value prices.
Steiner NYC
A real estate development firm responsible for large-scale commercial and residential projects.
CNS Real Estate
A commercial brokerage firm providing negotiation services for retail tenants.
The details
The leased space at 25 Navy Street consists of 11,385 square feet on the ground floor and 20,332 square feet on the second floor. The building sits within the Admiral’s Row campus, a site that also features 350,000 square feet of light industrial and office space alongside 250 parking spots. There remains 7,000 square feet of unleased space at the specific building where Burlington will operate.
Timeline
March 2025: Steiner NYC acquired the Hub residential tower.
May 2025: Burlington took over 45 leases from Joann.
First half 2025: Downtown Brooklyn average retail rent was $190 per square foot.
October 2025: Burlington leased space at 72-22 Broadway.
Fall 2027: Burlington expects to open the Navy Street store.
Money Landscape
The expansion follows a pattern set by the acquisition of 45 Joann leases by Burlington in May 2025, reflecting the firm's aggressive footprint growth strategy. This move signals continued investment in Brooklyn commercial corridors despite shifting national retail trends.
Residents should anticipate new discount shopping options in the Brooklyn Navy Yard area starting in fall 2027. While this development does not affect current household budgets, it may alter local consumer access to retail goods in two years.
The takeaway
Large-scale commercial leases like this one often signal shifting retail availability in major urban corridors. Keep an eye on local commercial development announcements if you manage a small business or monitor neighborhood real estate trends.
Further reading
For more on the local market, visit Commercial.
Source note: This article includes information reported by Commercial Observer.
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